The big lie, "rich people create jobs".... (dollar, county, salesman)

[Cletus Awreetus-Awrightus]

Originally Posted by Bulldogdad

Wrong again. Value is capital.

Money is a type of medium.

Listen, if you have something constructive to say, that isn't cryptic and condescending, then out with it already. Money is a medium by which capital is exchanged; I need money, or financial capital, to start a productive business. I can't do it from scratch.

Financial capital - Wikipedia, the free encyclopedia

Financial capital can refer to money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc.

[KUchief25]

Originally Posted by Cletus Awreetus-Awrightus

i don't have any capital.

i actually have two very good business ideas, one of which relies on my tech specialization, the other of which processes a specialty agricultural product; it would be the only one in North America. Both of these require capital to get started.

Then go find some of those rich folks you so despise to help you out.

[Cletus Awreetus-Awrightus]

Originally Posted by KUchief25

Then go find some of those rich folks you so despise to help you out.

LOL exactly.

While they're borrowing from the Fed at 0%, I can go screw myself. That's your economic plan. Hah.

[thecoalman]

Originally Posted by Cletus Awreetus-Awrightus

capital is money, guy. For both ideas, I need money to get started. This ain't rocket science.

I knew a guy from HS that started out with one crappy lawn mower at the age of 14 or 15 doing the laws that were close. When he turned 16 he had a crappy little car and trailer with a few lawnmowers and 1 or 2 people working for him. By the tme he was in his mid twenties he had a few trucks and mayby 20 people working for him. Mid thirties he sold the entire business for a few million.

ANYONE can do what he did BUT you first need to ask yourself if you're willing to put in 10 or 12 hour per day 7 days a week for the next 5 to 10 years and make some huge sacrifices the first few years.

[Cletus Awreetus-Awrightus]

Originally Posted by thecoalman

I knew a guy from HS that started out with one crappy lawn mower at the age of 14 or 15 doing the laws that were close. When he turned 16 he had a crappy little car and trailer with a few lawnmowers and 1 or 2 people working for him. By the tme he was in his mid twenties he had a few trucks and mayby 20 people working for him. Mid thirties he sold the entire business for a few million.

ANYONE can do what he did

Mow lawns? Yes, I have enough capital to start a lawnmower business. That's not the type of business I'm looking to start, though. That market is totally saturated in my area.

What I'm looking to do is not extremely capital intensive, but the barriers to entry are not quite as low as landscaping.

BUT you first need to ask yourself if you're willing to put in 10 or 12 hour per day 7 days a week for the next 5 to 10 years and make some huge sacrifices the first few years.

Not to mow lawns, no, but I'd work like that for my other ideas, since I believe that they are unexploited opportunities.

[Bulldogdad]

Originally Posted by Cletus Awreetus-Awrightus

Listen, if you have something constructive to say, that isn't cryptic and condescending, then out with it already.

Financial capital - Wikipedia, the free encyclopedia

Financial capital can refer to money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc.

Don't be defensive. Before money can be capital it has to be tied to value.

Again money is a medium to transfer value. That is not what you are missing. You are missing value. You have not created enough value in your ideas or yourself to translate that into money.

[Cletus Awreetus-Awrightus]

Originally Posted by Bulldogdad

Don't be defensive. Before money can be capital it has to be tied to value.

Don't be offensive, and I won't get defensive. You tell somebody they are "wrong," you'd better have something coherent to say. I haven't seen that from you. At this point I don't see where I'm getting anywhere with this discussion.

The value of the money depends on the value of the currency. I'd prefer US Dollars.

Again money is a medium to transfer value. That is not what you are missing. You are missing value. You have not created enough value in your ideas or yourself to translate that into money.

What leads you to that assumption?

[EinsteinsGhost]

Originally Posted by hawkeye2009

Without the seed, there would be no plant, so to speak.

The seed needs more than just manure to thrive.

[Chromekitty]

Originally Posted by Bulldogdad

Who creates the need?

Consumers.

[EuroTrashed]

Originally Posted by Chromekitty

It does not disturb me to know the rich are not the job creators, it is us working folk who do. With us, nothing else is neccessary.

Implying that "the rich" are not working.